From our desk Peso Mexicano 11-4

USD/MEX:
TIME IS COMING FOR A BREAK. THE RECENT TRADING RANGE IS CLOSE TO AN END.
FRANKLY UNCLEAR ABOUT DIRECTION, BUT AS SWING TRADERS WE REALLY DON´T MIND.
IF FORCED TO CHOOSE? CHARTS TAKE ME SOUTH, WHILE FUNDAMENTALS TAKE ME NORTH.
THEREFORE, GO ON SWING TRADING.
WEEKLY CHART
TEN YEAR FUTURES:
BOTTOM (AT LEAST SHORT TERM) HAS BEEN MADE WITHIN THIS BEAUTIFUL DESCENDING CHANNEL.
UPWARD MOMENTUM IS DECREASING, BUT CHANCES TO A SIGNIFICANT BREAK HIGHER ARE STILL A GOOD POSSIBILITY.
HERE AGAIN TECHNICALS AND FUNDAMENTALS ARE FAR FROM COINCIDENT.
WE JUST BUY DIPS + SELL RALLIES. WHAT ELSE?
DAILY CHART:
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